Inuvik Native

Financial data for Inuvik Native for fiscal year 2014-15. Inuvik Native is a First Nation in Northwest Territories with a registered population of 709 and an on-reserve population of 242. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Inuvik Native's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$41K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$230K
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$189K
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$212K
As of fiscal year end 2014-15
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19K
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$47K
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsRemuneration [note 2]Expenses [note 3]Total
ChiefHerbert Blake1$2,800$1,917$4,717
Council MemberDuane DeBastien12$2,800$0$2,800
Council MemberJames B. Firth12$2,600$213$2,813
Council MemberRichard Firth12$200$0$200
Council MemberBernice Furlong12$2,800$2,564$5,364
Council MemberMelba Mitchell12$4,000$0$4,000
Council MemberRichard Ross Jr.12$4,200$341$4,541
Council MemberMegan Ross12$1,400$0$1,400
Total$20,800$5,035$25,835

This schedule is unaudited. Prepared by: Paul Teoh

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.